JANET YELLEN

Entitlement programs such as Social Security and Medicare could be forced to cut benefits as soon as 2031, according to a new report from the funds' trustees.

Under pressure from the U.S. government, TikTok is now facing the music with the possibility of a nationwide ban if it defies a government order to sell to an American company — unless the popular social media app can convince a high-powered panel that its data security restructuring plan sufficiently guards against national security concerns.

Weeks after the failure of two banks, President Joe Biden is calling for independent regulatory agencies to impose tighter rules on the financial system.

Treasury Secretary Janet Yellen announced America’s commitment to enhancing corporate transparency along with some 20 other countries participating in this week's Summit for Democracy.

News that an IRS agent visited journalist Matt Taibbi's home the same day he testified about the "Twitter Files" raised accusations of government intimidation.

Representative Jim Jordan (R., Ohio) sent a letter to Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Daniel Werfel demanding an explanation of why the federal agency deployed federal agents to visit "Twitter Files" journalist Matt Taibbi.

Massachusetts Democratic U.S. Sen. Elizabeth Warren has announced she will seek a third term in 2024.

By AJ FabinoGrowing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution. Yellen had approached the idea to The Federal Reserve using bank money to bail out First Republic Bank. SHA HANTING/BENZINGAYellen said Wednesday the FDIC was not considering providing “blanket insurance” for banking deposits. The collapse of Silicon Valley Bank, in particular, led to a widespread investor sell-off in many community and regional banks, including First Republic Bank. Biden stated earlier in the month the banking system is safe and assure after the collapse of Silicon Valley Bank and Signature bank.

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis.

We've heard the spin from the White House that taxpayers won't have to pay for Silicon Valley Bank's collapse. Don't believe it. And, guess what? There's more you should know.

Shares have fallen in Asia as worries over turmoil in the banking sector and the risks of recession overshadowed gains on Wall Street.

The battle between the U.S. and China over TikTok came into full view when the social media platform’s CEO testified before Congressional lawmakers.

Asian shares are higher after stocks rallied on Wall Street, including the banks most beaten down by the industry's crisis.

Asian shares are mostly lower after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching rate hikes.

The Treasury Secretary said the administration is committed to protecting the U.S. banking system and customers who trust their money to it.

Treasury Secretary Janet Yellen says she's focused on stabilizing the U.S. banking system following regional bank failures in California and New York.

The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.

Biden Cabinet secretaries including Antony Blinken, Lloyd Austin and Pete Buttigieg are all on Capitol Hill this week to defend President Biden's progressive proposal.

America's economy is slowing, there's a crisis of confidence in our banking system, inflation is white hot, real incomes are falling. SVB's collapse is Exhibit A for Biden's failures.

Treasury Secretary Janet Yellen in 2017 remarked that she did not believe another financial crisis like the 2008 crash and Great Recession would happen again in our lifetime.

Rep. Chip Roy hinted at the idea of defunding Treasury Secretary Janet Yellen in a recent tweet, after she said she could not negotiate with Republicans on raising the debt ceiling.

The Federal Deposit Insurance Corp will shoulder the immediate cost, but bank customers could see higher fees later.

A Fox News' graphic couldn't keep up with Carlson's false remark.

Republicans and Democrats sparred in the Senate today over how willing President Biden is to meet with lawmakers to talk about saving Social Security.

Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.

The failure of three banks in the last two weeks is a saga of utter government incompetence.

After a frenetic weekend, policymakers took the audacious step of guaranteeing all deposits of the failed Silicon Valley Bank.

President Joe Biden is taking stock of the past three years in office and working hard to rewrite history. He knows that many Americans don't want him to run again so he'll do this.

Andie Swim was among the bank's customers and the owner tells CBS News that she was "panicked and flustered," upon hearing the news of the bank's closing.

Vice President Kamala Harris plans to travel to Africa at the end of March as the United States seeks to pitch itself as a better partner for the continent than China is.

All depositors will be made whole, the Federal Reserve, Treasury Department and FDIC said Sunday in a joint statement.

Former President Trump blamed the Biden administration’s "anti-America policies" for contributing to the shocking collapse of Silicon Valley Bank.

The California lender was taken over by regulators after a "run" on the bank. The Treasury secretary says the U.S. won't come to the bank's rescue like it did for others in the 2008 financial crisis.

The collapse of Silicon Valley Bank is the largest of a financial institution since the failure of Washington Mutual in 2008.

The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on "Face the Nation" on Sunday, March 12, 2023.

The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up to $250,000, but many of the companies and wealthy people who used the bank — known for its relationships with technology startups and venture capital — had more than that amount in their account. Yellen, in an interview with CBS' “Face the Nation,” provided few details on the government's next steps.

Fox News host Tucker Carlson explains the devastating impact following the collapse of Silicon Valley Bank on Friday's "Tucker Carlson Tonight."

A CRFB analysis found that it'll take some massive spending cuts to balance the budget without touching Social Security and Medicare.

The Justice Department is assisting Ukraine in an investigation into war crimes committed by Russia.

Relations between the two countries have collapsed over that war, with the U.S. slapping thousands of sanctions on Russia, and militarily, economically and diplomatically supporting Ukraine.

Republicans in the House and Senate are unveiling a new proposal that would force the White House to offer its own plan for spending cuts as the debt limit fight heats up/

House Republicans are coming down hard on Treasury Secretary Janet Yellen over what they claim is a lack of 'transparency' from the Biden administration regarding federal debt.

India wants to steer talks away from Russia, with which it's maintained ties despite the Ukraine invasion. Russia's top diplomat walked out of a previous G-20 summit over criticism of the war.

Fox News host Tucker Carlson shares his take on whether the COVID-19 pandemic was caused by a lab leak on 'Tucker Carlson Tonight.'

Treasury Secretary Janet Yellen committed to further spending on aid for Ukraine following a Monday meeting with the nation's prime minister.

Treasury Secretary Janet Yellen made a surprise visit to Ukraine and announced $1.25 billion in economic aid as the country's war with Russia goes into its second year.

U.S. Treasury Secretary Janet Yellen says her first visit to Ukraine underscores Washington’s commitment to continuing its economic support for the country

U.S. Treasury Secretary Janet Yellen says her first visit to Ukraine underscores Washington's commitment to continuing its economic support for the country.

Yellen is visiting Kyiv "to discuss critical economic assistance and our efforts to hold Russia accountable for their illegal and brutal war," a spokeswoman said.

The Biden administration is declaring its solidarity with Ukraine by piling sweeping new sanctions on Moscow and approving a fresh $2 billion weapons package for Kyiv.

Tensions over Russia's war on Ukraine have flared at meetings of finance ministers and central bank chiefs in India.

U.S. Treasury Secretary Janet Yellen said the United States would resume economic talks with China "at an appropriate time."

Treasury Secretary Janet Yellen says the U.S. will push for tougher, better enforced sanctions against Russia and is hoping for a “fully funded" package of financial support for Ukraine.

A new estimate finds the U.S. could face an unprecedented default on its obligations as soon as early June if Congress does not act to lift the debt limit.

Top financial leaders from the Group of 20 leading economies are gathering in the south Indian technology hub of Bengaluru to tackle challenges to global growth and stability.

Treasury Secretary Janet Yellen will travel to India next week to attend Group of 20 finance minister meetings in Bengaluru and will address the global economic impacts of Russia’s invasion of Ukraine.

David Malpass is stepping down as president of the World Bank, four years after former President Donald Trump picked him to run the 189-nation agency.

In January, Treasury Secretary Janet Yellen sent a letter​ to congressional leaders telling them the U.S. had hit the $31.4 trillion debt limit.

If Congress fails to raise the nation's $31.4 trillion debt ceiling, the U.S. government could run out of cash between July and September, or even sooner, the Congressional Budget Office said.

The treasury secretary warned household payments on mortgages and auto loans would go up, and other payments to military families and seniors would not be made.

Treasury Secretary Janet Yellen is warning that the U.S. faces “economic catastrophe” if Congress and the White House don’t take action to raise the federal debt limit.

Kishida’s reported pick to lead the central bank wasn’t on many shortlists. For all that, Ueda may not be a total shock to the system.

Treasury Secretary Janet Yellen warns that defaulting on the debt ceiling will lead to financial catastrophe.

While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.

U.S. Treasury Secretary Janet Yellen says industrialized countries in the Group of Seven are imposing a price cap on refined Russian oil products such as diesel and kerosene, as part of a coalition that includes Australia and a tentative agreement from the European Union.

Russian Foreign Minister Sergei Lavrov, new Chinese Foreign Minister Qin Gang and U.S. Treasury Secretary Janet Yellen all embarked on African tours within the past month.

The Treasury Department has announced plans to increase its borrowing during the first three months of 2023.

The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership.

The president is right not to negotiate with Republicans, but he also needs to take action himself.

U.S. Treasury Secretary Janet Yellen watched Ford cars and pickup trucks being assembled at a plant in South Africa and cited it as an example of cooperation between Washington and Africa as she begins the Biden administration's big push to reengage with the continent.

U.S. Treasury Secretary Janet Yellen has used a tour of a wildlife park in South Africa to announce a joint initiative to combat wildlife trafficking and related criminal activities in both countries.

The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and focus on averting a government default at home with possible repercussions for the global economy.

Senate Minority Leader Mitch McConnell and then-Vice President Joe Biden negotiated on the debt ceiling in 2011.

U.S. Treasury Secretary Janet Yellen has visited sites in rural and urban Zambia to showcase Africa's potential to help solve the world's problems with food shortages.

The Treasury Department will suspend funding for a federal employee retirement benefit program until the debt ceiling is raised or suspended.

U.S. Treasury Secretary Janet Yellen says in a letter to congressional leaders that she's suspending the reinvestment of federal bonds in a government workers’ savings plan.

U.S. Treasury Secretary Janet Yellen sent a letter Tuesday to congressional leaders saying she's suspending the reinvestment of some federal bonds in a government workers' savings plan — an additional “extraordinary" measure to buy time for President Joe Biden and Congress to raise the nation's debt limit. Yellen said in the letter that as of Monday she also determined that the government “will be unable to invest fully” in the government securities portion of the thrift savings fund in the federal employees' retirement system.

U.S. Treasury Secretary Janet Yellen says on the second leg on her African tour it's “critically important” to address Zambia's debt crisis.

U.S. Treasury Secretary Janet Yellen is in Zambia on the second leg of her African tour, a stop aimed at promoting American investment and ties while she's in a capital city that is visibly dominated by Chinese dollars. Visitors to Lusaka arriving at the renovated Kenneth Kaunda International Airport see a facility expanded in 2015 with Chinese financing. Zambia became Africa’s first pandemic-era sovereign to default when it failed to make a $42.5 million bond payment in November 2020.

The U.S. ambassador to the United Nations is the second Cabinet member heading to Africa as part of President Joe Biden’s big push to engage with the world’s second-largest continent.

U.S. Treasury Secretary Janet Yellen says in an Associated Press interview that she expects Congress will ultimately vote to raise America's debt limit.

U.S. Treasury Secretary Janet Yellen has paid a solemn visit to an island off Senegal that is one of the most recognized symbols of the horrors of the Atlantic slave trade that trapped tens of millions of Africans in bondage.

U.S. Treasury Secretary Janet Yellen paid a solemn visit Saturday to the salmon-colored house on an island off Senegal that is one of the most recognized symbols of the horrors of the Atlantic slave trade that trapped tens of millions of Africans in bondage for generations. Yellen, in Senegal as part of a 10-day trip aimed at rebuilding economic relationships between the U.S. and Africa, stood in the Gorée Island building known as the House of Slaves and peered out of the “Door of No Return,” from which enslaved people were shipped across the Atlantic.

U.S. Treasury Secretary Janet Yellen is visiting Senegal with a message about the future of U.S.-Africa relations.

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

U_S_ Treasury Secretary Janet Yellen has met with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict.”.

The federal government is on the brink of hitting its legal borrowing limit on Thursday.

Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week.

The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos.

Treasury Secretary Janet Yellen is set to meet with her Chinese counterpart in Switzerland on Wednesday.

Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.

The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month.

Treasury Secretary Janet Yellen has unveiled the first U.S. currency bearing her signature, marking the first time that U.S. currency will bear the name of a female treasury secretary.

A top European Union official has warned Elon Musk that Twitter needs to beef up to protect users from hate speech, misinformation and other harmful content to avoid violating new rules.

The U.S., Europe and the Group of 7 democracies have agreed to put a price cap on Russian oil exports to other countries.

As climate-amped disasters ratchet up the suffering, the staid international finance system designed for an earlier age may be on the brink of change, driven by those on the front lines.

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.

The U.S. is imposing sanctions on firms and entities accused of being involved in the transfer of Iranian drones to Russia for use in Vladimir Putin’s ongoing invasion of Ukraine.

The U.S. says it's imposing sanctions on a list of people and firms around the globe that it alleged were involved in supporting Russia's military in its war on Ukraine.